[Cardano and Draper Dragon Establish $80 Million Orion Fund, Focusing on RWA and Institutional-Grade DeFi] Odaily Planet Daily News: According to the official website of the Cardano Foundation, Cardano and venture capital firm Draper Dragon have announced the launch of the Orion Fund (Draper Dragon Ecosystem Fund), with a target size of $80 million. The fund aims to invest in Cardano-native and integrated projects, with a focus on Real-World Assets (RWA) and institutional-grade DeFi, to enhance Cardano's TVL and on-chain activity. The fund will be managed by Draper Dragon, with the Cardano Foundation serving as the constitutional manager to provide ecosystem and technical support. A portion of the fund's returns will flow back to the Cardano treasury through the ownerless entity Arouet Holdings. Draper University will act as an acceleration partner, offering startup acceleration and talent development. The fund will prioritize projects that leverage the UTXO model to bridge Bitcoin liquidity with Cardano's functionality. Transparency and community oversight will be enhanced through a public KPI dashboard and quarterly ecosystem roundtables.